Cashflow Management in Construction Projects
Overview
A construction contractor needs to aggressively manage the amount of cash coming in and going out i.e. he needs to balance cash receipts and payments. When a contractor loses control of his cashflow and has to delay payments to sub-contractors and suppliers, he is in effect triggering a chain of events which will affect the entire project’s outcome. Upon successful completion of this training, participants will be able to;
What you will learn:
- Plan cash in-flows
- Perform Cash inflow variance analysis
- Plan Cash- outflows
- Perform cash outflow variance analysis
- Plan / forecast net cashflows
- Control the key factors affecting the cashflows